How to Deal with High Oil Prices?

We have to use a bicycle for a small distance to travel like market etc or if it necessary then two or three people makes a group and participates in car pulling.

By this way, we can reduce the oil consumption.

Hello, friends.

We are discussing oil price.

Oil price is one of the biggest problems of Indian economy because the oil price is director related with the price of the all basic goods such as food items, etc.

Hello, everyone!

Oil prices are increasing due to low supply of oil from other countries. Demand and supply are directly proportional so as the demand is increasing supply too is increasing. A reason may be that our country which is said to be the second most populous country after china so as the population is increasing gradually it is leading to decreasing in resources. There is an immediate requirement of any law or rule to set up more oil drilling stations if possible otherwise we have a talented group of scientists who can find many alternatives for oil. Secondly, the government must also take action in providing more public transport because in the hustle and bustle of urban areas public transport are proving as time taking uncomfortable. So people have to switch to their private vehicles even if they are not able to afford them. Metros are an example of such alternatives. And yes it is not only the job of government to provide everything for us we too are required to help the government in building a better India which is only possible if we too work at an individual level. For example - Switching to public transport more often, turn off the car when stuck in the traffic jam, etc. Thus every problem always comes with a solution.

The consumption of oil in India is the main issue. We have to use solar vehicles and many other method which can use oil is less than we control the oil consumption and load of money from another country is controlled.

As we have to import the crude oil from another countries so price of oil more than other countries but why in India the price is continuously increasing because number of vehicles is increasing even for a small distance people use the four Wheeler, the reason of behind the youth follow fashion in the race of fashion they forgot about future generation, in highways most of youth who use so expensive bike not for they need these but because of fashion people who can easily go by bike use car and where he go bicycle he use his bike to go there by foot is too far, another thing government should have motivated the people to use the vehicle which uses solar energy or use rechargeable battery because it would save money of people and also reduce the air and noise pollution.

Hello, guys. I'm Suraj.

I think the only solution for this is advancement in technology. Better fuel efficient vehicles and electric vehicles should be used and manufactured more so that the need of oil become less. Also there the government should take measure steps in the business of oil like there should be some limitation of buying oil per man.

High oil prices mean higher burden on government as it will not able to reduce its fiscal deficit. So govt has to reduce its infrastructure spending to overcome this burden. And from that consumer spending and jobs will be affected.

In real sense. Rate of oil in other is so much low as compared to India. The main fact of higher rate in oil in India is due the taxes Like - Central taxes, State taxes and so on. If the government remove the taxes then the rate of oil is automatically go down.

The topic is "How to deal with high oil prices", for oil prices higher or lower the reason is only the human being as if the family has five members & their earning capacity is good they all own one vehicle for satisfying their needs but there is only a small percentage of people who thinks about the environment & they even at the age of 60-65 try not to use vehicles, there are many ways to deal with this problem by use public vehicle rather than a private vehicle, even you can adapt electric vehicle, use CNG ars to reduce the air, noise pollution & even to deal with high oil pricing.

The government should increase the taxes on tobacco and such unnecessary products. So, the prices or deficit if any can be covered from there also, These are the solutions but if we are saying the prices are too high then also we are using vehicles the most bitter truth is that the rates are affordable then only everyone is using the vehicle. This is also important to know about.